The North America Food Waste Management Market is expected to witness market growth of 6.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Food Waste Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.21 billion by 2031. The Canada market is experiencing a CAGR of 8.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8% during 2024-2031.
Food waste management has become a critical focus in developed and developing regions due to its profound environmental, social, and economic impacts. The food waste management market refers to the strategies, technologies, and solutions designed to reduce, recycle, or repurpose food waste, which has become an urgent issue worldwide. The sheer volume of food waste generated across the globe, coupled with growing awareness of sustainability, is driving innovation and growth in this market.
In addition, food waste management encompasses a variety of applications aimed at minimizing the environmental impact of wasted food, improving efficiency in food production, and enhancing waste disposal practices. Prevention at the source is one of the most effective strategies for managing food waste. This involves reducing food loss during food production, distribution, and consumption. Practices such as better inventory management, optimized procurement, and consumer education help minimize waste at every stage of the food supply chain.
The food and beverage processing industry has emerged as the leading manufacturing sector in Canada's production value. Government of Canada data highlights that in 2022, the sector achieved sales of $156.5 billion, with exports of processed food and beverages reaching a record $54.3 billion, a 14.1% increase from 2021. Rapid growth has led to a significant rise in food waste generation across processing plants and distribution networks. The growing emphasis on sustainability and circular economy principles in Canada has fuelled the adoption of advanced food waste management practices, including organic waste recycling, biogas production, and nutrient recovery.
Furthermore, government policies and incentives to reduce food waste in line with climate change goals create substantial opportunities for companies offering waste management solutions. Thus, the Increasing food production and growing hospitality industries are driving significant growth in the market.
The US market dominated the North America Food Waste Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.21 billion by 2031. The Canada market is experiencing a CAGR of 8.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8% during 2024-2031.
Food waste management has become a critical focus in developed and developing regions due to its profound environmental, social, and economic impacts. The food waste management market refers to the strategies, technologies, and solutions designed to reduce, recycle, or repurpose food waste, which has become an urgent issue worldwide. The sheer volume of food waste generated across the globe, coupled with growing awareness of sustainability, is driving innovation and growth in this market.
In addition, food waste management encompasses a variety of applications aimed at minimizing the environmental impact of wasted food, improving efficiency in food production, and enhancing waste disposal practices. Prevention at the source is one of the most effective strategies for managing food waste. This involves reducing food loss during food production, distribution, and consumption. Practices such as better inventory management, optimized procurement, and consumer education help minimize waste at every stage of the food supply chain.
The food and beverage processing industry has emerged as the leading manufacturing sector in Canada's production value. Government of Canada data highlights that in 2022, the sector achieved sales of $156.5 billion, with exports of processed food and beverages reaching a record $54.3 billion, a 14.1% increase from 2021. Rapid growth has led to a significant rise in food waste generation across processing plants and distribution networks. The growing emphasis on sustainability and circular economy principles in Canada has fuelled the adoption of advanced food waste management practices, including organic waste recycling, biogas production, and nutrient recovery.
Furthermore, government policies and incentives to reduce food waste in line with climate change goals create substantial opportunities for companies offering waste management solutions. Thus, the Increasing food production and growing hospitality industries are driving significant growth in the market.
List of Key Companies Profiled
- Veolia Environnement S.A.
- Suez S.A.
- Waste Management, Inc.
- Republic Services, Inc. (Cascade Investment Group, Inc.)
- Reworld Waste, LLC
- Stericycle, Inc.
- Clean Harbors, Inc.
- Biffa plc (Energy Capital Partners Management, LP)
- Remondis SE & Co. KG (Rethmann Se & Co. Kg)
- Cleanaway Waste Management Limited
Market Report Segmentation
By Source
- Residential
- Commercial
- Industrial
By Process
- Anaerobic Digestion
- Aerobic Digestion
- Incineration/Combustion
- Other Processes
By Application
- Animal Feed
- Fertilizers
- Biofuel
- Power Generation
By Waste Type
- Fruits & Vegetables
- Cereals, Oilseeds & Pulses
- Non Veg Food
- Dairy Products
- Other Types
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Food Waste Management Market by Source
Chapter 5. North America Food Waste Management Market by Process
Chapter 6. North America Food Waste Management Market by Application
Chapter 7. North America Food Waste Management Market by Waste Type
Chapter 8. North America Food Waste Management Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Veolia Environnement S.A.
- Suez S.A.
- Waste Management, Inc.
- Republic Services, Inc. (Cascade Investment Group, Inc.)
- Reworld Waste, LLC
- Stericycle, Inc.
- Clean Harbors, Inc.
- Biffa plc (Energy Capital Partners Management, LP)
- Remondis SE & Co. KG (Rethmann Se & Co. Kg)
- Cleanaway Waste Management Limited
Methodology
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